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PLAY >New Drops |
Tuesday, May 29, 2001 |
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New Split Drops
SDS
- SunGard Data Systems $59.12 -0.73
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SDS got caught in the NASDAQ downdraft on Tuesday and ended up hitting our stop at $58.40 early in the session. As it turned out, SDS recouped some on the day, but better to have gotten out at a small loss then have risked a debilitating blow to ones trading capital. We are dropping SDS tonight.
New Candidate Drops
AYE
- Allegheny Energy, Inc. $52.85 -0.80
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Allegheny Energy, Inc. continued to move lower on Tuesday. Shares of AYE traded to an intra-day low of $51.80 on strong volume of 750,000 shares. We were stopped out at $53, thus we are dropping this play tonight.
New Momentum Drops
None
Drops Index
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